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Bank framework paves way for Eurobank capital increase, gives HFSF flexibility
EconomyBanking. More importantly, the price for private investors can be lower than that of previous HFSF participation... have full voting rights only on strategic issues. The draft bill also supplements the previous bank
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IMF recognises Greek 2013 surplus, sees less burdensome financing needs
Economybalance of 1.5 percent of GDP, which is marginally above its previous forecast of 1.4 percent... previous forecasts now settling at 15.8 percent of GDP in 2014 (from 25.1 percent) and at 10.2 percent
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Central gov't cash deficit down to 1.14 bln in March
EconomyMacroeconomynumbers. b) The repayment of previous years’ arrears amounting to 6.14 billion, which was reported in BoG cash expenditure, but not included in budget figure as it referred to previous years’ fiscal
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OECD sees Greek recession continuing in 2014, slower recovery to follow
EconomyMacroeconomypercent in 2015. The updated forecasts are marginally better compared to the previous estimates... previous estimates, the OECD did not publish its fiscal balance projections under the Economic
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State budget primary surplus widens to 2.28 bln at end of July after rise in revenues
EconomyMacroeconomy. In addition, July revenues are by far the highest monthly figure in 2014, well above the previous high... performance in the previous month, the Public Investment Budget (PIB), showed a deficit of 287
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WEF report highlights weakness of Greek institutions and challenges of recovery
EconomyGreece’s competitiveness improved by 10 spots in 2014, at an accelerating pace compared to the previous year, according to the Global Competitiveness Report 2014-15 published by the World Economic... the previous year. Inefficient government bureaucracy and tax regulations are following suit with 19.8
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A breakdown of Tsipras's pledges on economic strategy in Thessaloniki
Economysaid. In addition, the excise tax on heating oil will be restored to previous levels implying... restoration of the labour framework and rights to the previous status before the drastic changes implemented
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Greece's troika talks begin with apparent deal on 2015 surplus
EconomyProgrammeIn contrast to previous first meetings between the Greek authorities and the heads of troika mission, the outcome of Tuesday’s inaugural meeting suggests an initial agreement on the fiscal target... from the first meeting despite previous rumors indicating that the government will insist on lowering
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Here's what's in the 2015 draft budget the Greek government has just unveiled
EconomyMacroeconomythe Economic Adjustment Program (EAP) target of 1.5 percent. Compared to previous forecasts, the figures...) Further improvement in the collection of unpaid taxes of previous years following a series of actions
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IMF lowers medium-term forecasts for Greek debt, 2014 financing needs
Economyexpects unemployment to reach 25.8 percent rather than the 26.3 percent it included in its previous... primary surplus (as a percentage of GDP), the IMF retained its previous projections of 1.5 and 3
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